Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEU) Trading Up 2.2% – Here’s Why

Shares of Xtrackers MSCI Europe Hedged Equity ETF (NYSEARCA:DBEUGet Free Report) were up 2.2% during mid-day trading on Wednesday . The stock traded as high as $51.77 and last traded at $51.63. Approximately 74,050 shares changed hands during mid-day trading, an increase of 28% from the average daily volume of 58,072 shares. The stock had previously closed at $50.52.

Xtrackers MSCI Europe Hedged Equity ETF Stock Performance

The firm’s 50 day moving average is $49.75 and its 200-day moving average is $48.94. The firm has a market cap of $766.71 million, a price-to-earnings ratio of 16.40 and a beta of 0.63.

Hedge Funds Weigh In On Xtrackers MSCI Europe Hedged Equity ETF

A number of institutional investors have recently modified their holdings of DBEU. Ascentis Independent Advisors acquired a new stake in shares of Xtrackers MSCI Europe Hedged Equity ETF in the first quarter worth $76,000. Jones Financial Companies Lllp lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 11.2% in the third quarter. Jones Financial Companies Lllp now owns 13,537 shares of the company’s stock worth $619,000 after buying an additional 1,365 shares during the last quarter. Cooksen Wealth LLC lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 31.6% in the second quarter. Cooksen Wealth LLC now owns 47,785 shares of the company’s stock worth $2,106,000 after buying an additional 11,466 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in shares of Xtrackers MSCI Europe Hedged Equity ETF by 149.2% in the second quarter. Ameriprise Financial Inc. now owns 109,825 shares of the company’s stock worth $4,842,000 after buying an additional 65,754 shares during the last quarter.

About Xtrackers MSCI Europe Hedged Equity ETF

(Get Free Report)

The Xtrackers MSCI Europe Hedged Equity ETF (DBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap-weighted and currency-hedged index of companies in developed Europe. DBEU was launched on Oct 1, 2013 and is managed by Xtrackers.

Further Reading

Receive News & Ratings for Xtrackers MSCI Europe Hedged Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xtrackers MSCI Europe Hedged Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.